Millennials can become homeowners in 2016 at West Point Gardens in Elgin

Park Series offers exceptional affordability

The oldest of the Millennials are turning 30 this year, and with historic low interest rates and a recovering economy, many of them want to purchase a home.

According to the National Association of Realtors, “Home Buyer and Seller Generational Trends,” 32 percent of home sales during 2015 were Millennials with a median age of 29 years and a yearly income of $76,900. Many took advantage of FHA low down payments, and they purchased homes in the suburbs.

This trend has influenced sales at popular West Point Gardens on the west side of Elgin. The award-winning master-planned community includes a charming neighborhood setting and four series of homes that are ideal for first-time homebuyers. Prices for the Park Series range from $174,990 to $202,990 and the homes have been designed especially for those who want a detached single-family home with maintenance-free exteriors.

“The Park Series has received international attention because the homes we’ve designed combine several elements that make them ideal for first-time homebuyers who want to start building equity in a well-appointed but affordable home,” says Patrick Curran, president of West Point Builders and developer of West Point Gardens. “The four Park Series home designs blend the privacy of a detached single-family home with freedom from exterior maintenance and all for prices that are less than many area rents (initial principle and interest). For example, the Americana, priced from $174,990 can be purchased for $825 per month, and the Dearborn, priced at $202,990, can be purchased for $950 per month.”

The two-story plans have two to three bedrooms, 1.5 to 2.5 baths, and some plans have flexible second floors and available lofts. The homes also include covered porches, 9-foot first floor ceilings, full basements and two-car garages attached in the rear.

The Dearborn, priced from $202,990, includes three bedrooms, 2.5 baths, living room and dining room, light and airy kitchen with island and dining space, graceful turning staircase to the second floor and convenient second-floor laundry room.

“These are ideal homes for those who want single-family living with a more carefree lifestyle,” Curran says. “In addition to the Park Series, we have other series of homes, some of which are also affordable.”

The Classic Series homes are distinctive for their large back yards and garages in the front of the homes. Sites are presently available overlooking a pond. A ranch plan and six two-story designs offer three or four bedrooms, two baths in the ranch plan and 2.5 baths in the two-story homes, partial basements and two-car attached garages. Base prices range from $239,990 to $294,990.

West Point Builders is a family-owned and operated business. Based in Hinsdale, West Point Builders was established as a custom homebuilder in 1957. Sales center hours are 10 a.m. to 5 p.m. Monday through Saturday, and from 11 a.m. to 5 p.m. Sunday. Tours are also available by appointment. For more information, call 847-608-1000 or visit westpointgardens.com.